GREY:ICOTF - Post by User
Comment by
Alba1314on Jul 31, 2018 7:47am
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Post# 28389714
RE:RE:RE:Position
RE:RE:RE:PositionI agree with most of what regardless is saying with one exception: I dont beleive a pp would be done at $0.10. There is zero incentive for a private placement at market value. If a pp is done at sp, there will be some sort of offering of cheaper shares at a future value, diluting the share base. That, or a straight pp done for less than current the sp, which again, dilute current share value. Either way, I think the sop will drop with a private placement.
A joint venture, on the other hand, would send the sp upwards due to shared risk and no dilution.
However you look at it, this stock is still worth the risk. It's a 50/50 chance of making money. The trials are going to be positive or negative. if you think positive buy and hold. If not, short the stock near the end of the trial.
Any other BS about the daily sp going up or down is for day traders.